Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates through two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the United States government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors. This segment provides propulsion systems, such as liquid, solid, air-breathing, and electric propulsion systems for space, defense, civil, and commercial applications; and armament systems. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the company's excess real estate assets. It owns 11,451 acres of land adjacent to the United States Highway 50 between Rancho Cordova and Folsom, California east of Sacramento. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is headquartered in El Segundo, California.

Outperform Votes

Underperform Votes

Community Sentiment

Aerojet Rocketdyne has received 51.57% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Aerojet Rocketdyne and other stocks. Vote “Outperform” if you believe AJRD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe AJRD will underperform the S&P 500 over the long term. You may vote once every thirty days.

Miscellaneous

Receive AJRD News and Ratings via Email

Sign-up to receive the latest news and ratings for AJRD and its competitors with MarketBeat's FREE daily newsletter.

Aerojet Rocketdyne (NYSE:AJRD) Frequently Asked Questions

How has Aerojet Rocketdyne's stock been impacted by COVID-19 (Coronavirus)?

Aerojet Rocketdyne's stock was trading at $43.27 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, AJRD stock has increased by 5.1% and is now trading at $45.46. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aerojet Rocketdyne in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Aerojet Rocketdyne.

When is Aerojet Rocketdyne's next earnings date?

How were Aerojet Rocketdyne's earnings last quarter?

Aerojet Rocketdyne Holdings Inc (NYSE:AJRD) announced its quarterly earnings data on Tuesday, April, 28th. The aerospace company reported $0.35 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.09. The aerospace company had revenue of $476.10 million for the quarter, compared to analyst estimates of $518.50 million. Aerojet Rocketdyne had a return on equity of 21.60% and a net margin of 6.80%. The business's revenue was down 3.2% on a year-over-year basis. During the same period last year, the business earned $0.44 earnings per share. View Aerojet Rocketdyne's earnings history.

What price target have analysts set for AJRD?

5 brokerages have issued 12-month target prices for Aerojet Rocketdyne's stock. Their forecasts range from $45.00 to $57.00. On average, they expect Aerojet Rocketdyne's share price to reach $52.80 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for Aerojet Rocketdyne.

Has Aerojet Rocketdyne been receiving favorable news coverage?

Media headlines about AJRD stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Aerojet Rocketdyne earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned media coverage about the aerospace company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutAerojet Rocketdyne.

Are investors shorting Aerojet Rocketdyne?

Aerojet Rocketdyne saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 5,010,000 shares, an increase of 5.3% from the April 30th total of 4,760,000 shares. Based on an average daily trading volume, of 732,200 shares, the days-to-cover ratio is currently 6.8 days. Currently, 6.5% of the company's stock are short sold. View Aerojet Rocketdyne's Current Options Chain.

Which major investors are selling Aerojet Rocketdyne stock?

AJRD stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Wellington Management Group LLP, Bessemer Group Inc., Balyasny Asset Management LLC, Principal Financial Group Inc., Rice Hall James & Associates LLC, Rice Hall James & Associates LLC, and Capital Research Global Investors. Company insiders that have sold Aerojet Rocketdyne company stock in the last year include Eileen P Drake, Mark A Tucker, Martin Turchin, and Thomas A Corcoran. View insider buying and selling activity for Aerojet Rocketdyne.

How do I buy shares of Aerojet Rocketdyne?

Shares of AJRD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Aerojet Rocketdyne's stock price today?

One share of AJRD stock can currently be purchased for approximately $45.46.

How big of a company is Aerojet Rocketdyne?

Aerojet Rocketdyne has a market capitalization of $3.57 billion and generates $1.98 billion in revenue each year. The aerospace company earns $141 million in net income (profit) each year or $1.56 on an earnings per share basis. Aerojet Rocketdyne employs 4,814 workers across the globe.